1115 S Elm 516, Los Angeles, California 90035, Los Angeles, 90035 - 1 bed, 2 bath

1115 S Elm 516, Los Angeles, California 90035 home-pic-0

1115 S Elm 516

Los Angeles, California 90035

ACTIVE
CONDITION: FAIR
1Beds
2Baths
768Sq Ft
39,965Lot Size

Property Price

LIST PRICE$565,000

SUMMARY

Analysis of 1115 S Elm 516, Los Angeles, California 90035 is currently available with a list price of $565,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1972, this condo is well-maintained and clean but remains largely in a dated condition. The kitchen features older white appliances and cabinetry rather than modern stainless steel and custom finishes. While the flooring has been updated to a light laminate and the unit is move-in ready, the bathrooms and overall fixtures show signs of being from a renovation cycle over 15-20 years ago. It meets the 'fair' criteria as an aged property maintained through regular upkeep but lacking recent major renovations.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    High School: Beverly Hills High School (9/10).

  • Prime Location

    Situated in a highly desirable Beverly Hills adjacent neighborhood, this property offers exceptional walkability to top-tier restaurants, cafes, and grocery stores just one block from Beverly Drive.

  • Panoramic Views

    The unit features oversized windows and an expansive private balcony spanning the entire length of the residence, offering stunning views of the city skyline, hillsides, and the iconic Hollywood Sign.

CONSRISKS & DEFICIENCIES

  • Tandem Parking

    While the unit includes two parking spaces, they are in a tandem configuration, which may be less convenient for households with multiple drivers compared to side-by-side parking.

  • Vintage Construction

    Built in 1972, the property may require modern cosmetic updates or system upgrades to align with the contemporary luxury standards expected in the Beverly Hills adjacent market.

About 1115 S Elm 516

Perched above the city in the coveted Beverly Towers, this bright 1-bedroom, 2-bath residence offers sweeping city and hillside views and a flowing, open floor plan designed for both comfort and entertaining. An oversized living and dining area connects seamlessly to a spacious kitchen with abundant cabinetry, offering exceptional storage and functionality rarely found in a one-bedroom condo. Oversized windows and sliding glass doors flood the home with natural light and frame sweeping city and hillside views including the iconic Hollywood Sign. Step outside to an expansive private balcony that spans the entire length of the unit, creating an effortless indoor-outdoor lifestyle and the perfect place to unwind while taking in the city skyline. This highly sought-after building offers an impressive lineup of amenities, including a year-round heated pool and spa, fitness center with sauna, recreation room, earthquake insurance, and additional exterior storage all at $480 a month. The unit also includes two tandem gated parking spaces and a private storage area, a true luxury in this prime location. Situated directly across the street from Beverly Hills and just one block from Beverly Drive, you’ll enjoy immediate access to top-tier restaurants, cafés, grocery stores, and everyday conveniences — all while living in the desirable Beverly Hills adjacent neighborhood. Bright, open, and perfectly positioned with unforgettable views — this is a home that must be experienced in person!

Property Details

Public Facts

Property Type
Condominium
Year Built
1972
Lot Size
39,965 Sq. Ft.

Interior

Total Bedrooms
1
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$480.0 / Month

Neighborhood Insights

Los Angeles Unified Schools

Canfield Avenue Elementary School

Grades K-5 • 0.6 mi

7/10

Shenandoah Street Elementary School

Grades K-5 • 1.4 mi

4/10

Crescent Heights Boulevard Elementary School

Grades K-5 • 1.4 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
7%
Baths2.02.0
50%
Square foot7681,423
7%
Lot Size39,96512,726.5
86%
Price$565.0K$850.0K
7%
Price per sq ft$736$645
57%
Built year19721985
29%
HOA$480.0$548
50%
Days on market17179
7%

Pricing History

Listed for Sale

Feb 17, 2026

$565,000

Initial Listing

Sold

Aug 16, 2021

$532,000

Public Record

Sold

May 29, 2015

$479,000

Public Record

Sold

Jun 1, 2010

$387,500

Public Record

Sold

Apr 25, 1997

$83,000

Public Record

Browse Properties by State Browse housing market trends by state